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McLaren MP4-12C Revealed

McLaren has released details of their new supercar - the McLaren MP4-12C Known for so long by its code name – P11 – this MP4-12C is the first real McLaren since the legendary F1. And on the face of it it certainly looks like it has enough to offer to stand proud as the inheritor of McLaren’s reputation for exceptional road cars. Not scheduled to go on sale until 2011, the MP4-12C is aimed at the heart of Supercar sales, expected to go on sale at a price a small notch above the latest offering from Ferrari – the 458 Italia – at around £160,ooo.

Designers dress up Mini Cooper

Canadian design duo DSquared2 has released initial sketches of the Mini Cooper Countryman it outfitted for this year's Life Ball, which is on May 21 in Vienna, Austria. Each year, the small-car maker commissions designers to dress up a Mini to be auctioned off at the Life Ball, which donates proceeds to the fight against HIV and AIDS. The “Red Mudder,” as the car is called, is branded with a maple leaf on both doors and a DSquared2 logo on the front shield and wheels.

Ford boss Alan Mulally on how he saved Ford

Ford president and CEO Alan Mulally today told British business leaders how he saved Ford from the worst recession for a generation. He also outlined how the Ford range will shrink from 97 models sold globally to just 20. Mulally gave the keynote speech to the Confederation of British Industry in London, where business bigwigs heard how Ford became the only Detroit car maker not to collapse into bankruptcy.